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Jul 30, 2011
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indeed, that would just give a blank check to the big spenders. they could run for two years. and why is it so important to get a longer debt, bigger debt ceiling increase? and i also thought and believe we have an agreement that the debt ceiling shouldn't be increased more than spending is decreaseed. spending decreased over ten years. you cut $1 trillion, you raise the debt ceiling $1 trillion. we give you ten years on spending cuts, but immediately you get a $1 trillion increase in the debt ceiling. why are we in this fix? this is why. i hate to say it. this is why, there is no doubt about it. the president said last week the only bottom line that i have is that we extend this debt ceiling through the next election until
indeed, that would just give a blank check to the big spenders. they could run for two years. and why is it so important to get a longer debt, bigger debt ceiling increase? and i also thought and believe we have an agreement that the debt ceiling shouldn't be increased more than spending is decreaseed. spending decreased over ten years. you cut $1 trillion, you raise the debt ceiling $1 trillion. we give you ten years on spending cuts, but immediately you get a $1 trillion increase in the debt...
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Jul 26, 2011
07/11
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we can't get the big things going. the overarching issues and serving the discrimination issues are one of the things we deal with. if it's okay with you, i would like to take this opportunity to ask my colleague, leonard boswell, to take my seat. i would like to get out of town before the faa shuts down. [laughter] so thank you very, very much for the opportunity. [applause] >> not often you have the luxury of having a reserve congressman. [inaudible] >> congressman connolly haven't heard from you so if you'd like to her housemates be i know time is short. i just want to salute all of you for having this and the thought process. we are certainly in a crisis, and you all know that. and history is going to be written. what's it going to say? i was somewhat relieved, even as for mr. summers to leave town. i wonder what would have to do to get mr. geithner to leave. i'm glad to see them go back and do what he does well. he's a good professor. i would like to see the other gentleman go do what he does well. we are in a cri
we can't get the big things going. the overarching issues and serving the discrimination issues are one of the things we deal with. if it's okay with you, i would like to take this opportunity to ask my colleague, leonard boswell, to take my seat. i would like to get out of town before the faa shuts down. [laughter] so thank you very, very much for the opportunity. [applause] >> not often you have the luxury of having a reserve congressman. [inaudible] >> congressman connolly...
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Jul 28, 2011
07/11
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shaheen: thank you, madam president. i came to the floor this afternoon because the united states government is now less than a week away from defaulting on its obligations for the first time in our history. as we've heard from economists and business leaders across the country, a default could result in hundreds of thousands of lost jobs and in higher interest rates for every american, and yet, we are still debating whether or not we should avoid default. it is a very dangerous game, and we are risking permanent harm to the american economy. i want to just examine one consequence of default for a minute. all three credit rating agencies -- s&p 500, moody's and fitch -- have said that a default would automatically result in a lower credit rating for the u.s. government. and i think we all understand the principle of credit rating. it's like the credit scores on record for most of us in our personal lives. the better we have been about paying our debts in the past, the better our credit score. when we go to buy a house or
shaheen: thank you, madam president. i came to the floor this afternoon because the united states government is now less than a week away from defaulting on its obligations for the first time in our history. as we've heard from economists and business leaders across the country, a default could result in hundreds of thousands of lost jobs and in higher interest rates for every american, and yet, we are still debating whether or not we should avoid default. it is a very dangerous game, and we...
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Jul 19, 2011
07/11
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guest: the president said he wanted deal by july 22. i would putut my money
guest: the president said he wanted deal by july 22. i would putut my money
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Jul 5, 2011
07/11
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it was untimely, taking 22 months to complete. in addition, there were unresolved issues about the waiver document. did the document who signed -- did the official who signed the waiver know that the document would have been alleged contained false and misleading information? and was he questioned about his truthfulness? if so, the report should have been recommended that he be held accountable. to summarize, mr. president, there are two main problems with these four reports on savings and collections, and the fourth one i'm not going to go into now to save time, and i'll put that in the record. none was timely, number one. number two, reported savings were unverified and elusive. first, these four reports took an average of 19 months to complete. two took a total of 45 months or almost four years to finish, and that does not include the 4-6 months it takes to get an audit rolling. as i have said on other occasions, the power of top-quality audit work is greatly weakened by stale information. second, these four reports supposedly
it was untimely, taking 22 months to complete. in addition, there were unresolved issues about the waiver document. did the document who signed -- did the official who signed the waiver know that the document would have been alleged contained false and misleading information? and was he questioned about his truthfulness? if so, the report should have been recommended that he be held accountable. to summarize, mr. president, there are two main problems with these four reports on savings and...
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Jul 14, 2011
07/11
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shaheen: mr. president, i i'm -- i appreciated hearing my colleagues talking about the seriousness of the situation that we're in because i think there is one thing that every single member of this body agrees on and that is that we have to address the long-term debt and deficits of the country. and like many members of this chamber, i've repeatedly called for a bipartisan package that includes reforms to everything that's deficit related. so that means cuts in spending, domestic, discretionary and nondiscretionary, that means defense, and it means mandatory programs, but it also means increased revenue. and i have supported attaching deficit-reduction measures to the vote on the debt limit and i believe that reducing the deficit is critical to strengthening the long-term health of our economy. but i also, mr. president, that evereveryone -- and that means everyone -- has to come to the table to find a compromise solution that will get this done. i think democrats know this. that's why time and ti
shaheen: mr. president, i i'm -- i appreciated hearing my colleagues talking about the seriousness of the situation that we're in because i think there is one thing that every single member of this body agrees on and that is that we have to address the long-term debt and deficits of the country. and like many members of this chamber, i've repeatedly called for a bipartisan package that includes reforms to everything that's deficit related. so that means cuts in spending, domestic, discretionary...